GRT
ActiveGRT has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €153k and a net result of €7k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 49% of 9438 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-3
Solvency78▲+9
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.42 against 1.71 in 2024; short-term debt: 9.2% and cash: 15% of total assets), and 46.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €153k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 22-10-2025, 9 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
9 d early
2024
7 d early
2023
2 d early
2022
11 d early
2021
9 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close20-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€153k▲ 4.5%
2024 · €146k
2021: €157k
2022: €140k
2023: €129k
2024: €146k
2021 → 2025
Total assets
€287k▼ 13.5%
2024 · €332k
2021: €374k
2022: €318k
2023: €336k
2024: €332k
2021 → 2025
Net result
€7k▼ 62.3%
2024 · €17k
2021: €96k
2022: €-17k
2023: €-11k
2024: €17k
2021 → 2025
Working capital
€38k▼ 15.4%
2024 · €44k
2021: €7k
2022: €-16k
2023: €2k
2024: €44k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€157k-€140k▼ 10.9%€129k▼ 8.1%€146k▲ 13.4%€153k▲ 4.5%
Operating result€117k-€-14k€-6k▲ 56.3%€24k€10k▼ 59.9%
Net result€96k-€-17k€-11k▲ 33.7%€17k€7k▼ 62.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 60% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €287k
Fixed assets
€223k▼ 0.9%
Current assets
€64k▼ 40.0%
Equity and liabilities €287k
Equity
€153k▲ 4.5%
Debt
€134k▼ 27.6%
The debt ratio falls from 55.9% to 46.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€53k▼
2024 · €70k
Cash flow
€50k▼
2024 · €63k
Solvency
53.2%▲
2024 · 44.1%
Current ratio
2.42▲
2024 · 1.71
Quick ratio
1.84▲
2024 · 1.49
Debt / equity
0.88▼
2024 · 1.27
ROE
4.3%▼
2024 · 11.8%
ROA
2.3%▼
2024 · 5.2%
Interest coverage
19.73▲
2024 · 14.50
Debt
€134k▼
2024 · €186k
Debt ≤ 1 year
€27k▼
2024 · €62k
Debt > 1 year
€108k▼
2024 · €123k
Income taxes
€537▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€332k€287k▼
Fixed assets21/28€225k€223k▼
Tangible fixed assets22/27€225k€223k▼
Land and buildings22€131k€121k▼
Plant, machinery and equipment23€53k€78k▲
Furniture and vehicles24€41k€24k▼
Current assets29/58€107k€64k▼
Stocks and contracts in progress3€14k€15k▲
Stocks30/36€14k€15k▲
Amounts receivable within one year40/41€3k€3k▼
Trade receivables40€3k€0▼
Other amounts receivable41€0€3k▲
Cash at bank and in hand54/58€86k€43k▼
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€332k€287k▼
Equity10/15€146k€153k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€63k€63k▲
Non-distributable reserves130/1€6k€6k▲
Legal reserve130€6k€6k▲
Distributable reserves133€57k€57k=
Profit (loss) carried forward14€22k€28k▲
Amounts payable17/49€186k€134k▼
Amounts payable after more than one year17€123k€108k▼
Financial debts170/4€123k€108k▼
Amounts payable within one year42/48€62k€27k▼
Current portion of amounts payable after more than one year42€15k€15k▲
Trade debts44€526€485▼
Suppliers440/4€526€485▼
Advances received on contracts in progress46€12k€7k▼
Taxes, remuneration and social security45€5k€1k▼
Taxes450/3€5k€1k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€31k€3k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€44k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€72k€56k▼
Operating profit (loss)9901€24k€10k▼
Financial income75/76B-€6
Recurring financial income75-€6
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€20k€7k▼
Income taxes67/77€2k€537▼
Profit (loss) for the period9904€17k€7k▼
Profit (loss) for the period to be appropriated9905€17k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€39k€28k▼
Profit (loss) brought forward from the previous period14P€22k€22k▲
Transfer to equity691/2€17k€326▼
To the legal reserve6920-€326
To other reserves6921€17k€0▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
22-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Equity above €150kEq €153k ▲4.5%
2 profitable years in a row build equity to €153k.
2024
24-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Back to profitnet €17k
Net result €17k after 2 loss-making years.
2023
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
20-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Weakest financial yearnet €-17k ▼118%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
2021
22-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ninove · 1 establishment unit since 2020
Ground area
572 m²
Building footprint
100 m²
Volume, LiDAR
715 m³
Parcel 41037A0075/00X000, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GRT
since 20202.299.639.178
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41037A0075/00X000 | Flanders | 572 m² | 1 · 100 m² | 11.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 1,400 EUR awarded · 1,400 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 119 EUR | 119 EUR |
| 2022 | 1 | 1,281 EUR | 1,281 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 2,145 companies in sector 71209 we hold annual accounts for 1,085. 820 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-02-2020
Fiscal year end31-03
Activities, NACEBEL
71209Other technical testing and analysis
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.